1,857 Shares in Linde PLC $LIN Acquired by Mather Group LLC.

Mather Group LLC. bought a new position in Linde PLC (NASDAQ:LIN) during the third quarter, Holdings Channel.com reports. The fund bought 1,857 shares of the basic materials company’s stock, valued at approximately $881,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LIN. Auto Owners Insurance Co boosted its position in shares of Linde by 42,539.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after purchasing an additional 1,318,709 shares during the period. Flossbach Von Storch SE acquired a new stake in Linde during the 2nd quarter worth about $438,525,000. State Street Corp raised its holdings in Linde by 3.7% during the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after buying an additional 719,052 shares during the period. Hsbc Holdings PLC raised its holdings in Linde by 162.9% during the 1st quarter. Hsbc Holdings PLC now owns 1,097,110 shares of the basic materials company’s stock worth $543,951,000 after buying an additional 679,738 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in Linde by 394.8% during the first quarter. Renaissance Technologies LLC now owns 629,820 shares of the basic materials company’s stock valued at $312,240,000 after buying an additional 502,520 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Jefferies Financial Group raised their target price on shares of Linde from $535.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a research report on Thursday, October 8th. Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a report on Monday, October 5th. Evercore boosted their price target on shares of Linde from $515.00 to $525.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Finally, Citigroup reduced their price target on shares of Linde from $580.00 to $560.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Linde currently has a consensus rating of “Buy” and a consensus price target of $547.10.

Linde Stock Performance

Shares of Linde stock opened at $498.43 on Friday. The stock has a market cap of $229.77 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 2.91 and a beta of 0.71. The business has a fifty day simple moving average of $478.52 and a 200-day simple moving average of $498.15. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. Linde’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a dividend of $1.60 per share. The ex-dividend date was Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 41.34%.

Key Headlines Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays turned bullish on Linde. The firm initiated coverage with an “overweight” rating, adding to recent positive sentiment around Linde’s earnings durability, pricing power and exposure to long-term industrial and technology demand. Barclays initiates coverage of Linde at overweight
• Positive Sentiment: Linde is expanding its carbon-capture business in Sweden. The company plans to build a facility capable of capturing 200,000 tonnes of CO2 annually at a waste-to-energy site, reinforcing its position in industrial decarbonization and potentially expanding its project pipeline. Linde to build 200,000-tonne CO2 capture plant at Swedish waste-to-energy facility
• Positive Sentiment: Linde’s Taiwan affiliate is pursuing hydrogen infrastructure growth. Linde LienHwa is developing hydrogen-as-a-service and refueling solutions, which could create longer-term revenue opportunities as Taiwan increases hydrogen adoption. Linde LienHwa tackles hydrogen transport dilemma with HaaS Interview: Linde LienHwa fuels Taiwan’s hydrogen push
• Neutral Sentiment: RBC remains constructive but lowered its target. Royal Bank of Canada cut its price target from $553 to $549 while retaining an “outperform” rating, suggesting continued confidence but slightly less near-term upside.
• Negative Sentiment: Valuation is becoming a concern. Commentary that Linde appears fully valued on current earnings could weigh on the stock, particularly given its elevated earnings multiple and the need for continued earnings growth to justify further appreciation. Linde Stock Looks Fully Valued On Current Earnings

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.